About

Forex Philippines was born when a young business owner thought of having a well documented forex trading journal. But as the day went by, due to sometimes an alarming volume of red colored digits in his forex account, he may forgot to update this blog from time to time. You can see that he posts a lot when trading go well. Bragging rights if you may say. Forex Philippines is a personal journal of the author as he ventures in this world wide casino market.

About the Author

The author is a full time business owner and wants to venture out on a riskier (and stupid) investment and decided he wants to risks all his hard earned cash on the flip of a coin known as the forex market. This drunk business owner suddenly felt the need to retire at a young age of 25 and so he wants to risk big, earn big and fast and started to trade in the year 2009. Little do we know that he already almost got bankrupt at the end of 2010. Which luckily enough got out of the red on the 3rd quarter of 2011. Lucky bastard indeed…

Now with a new found ego and false confidence about the forex market, he now wants to break a new record on his forex trading goal. How long before he reach another bankruptcy is still left unknown.

My Forex Trading Goal Journal

His ultimate goal is to travel the world funded by his forex earnings, meeting people (aka girls) and discovering new cultures on all parts of the world. He likes martial arts, boxing and karate and any contact sport that allows you to beat some other guys ass. Literally.

A Little Disclaimer

All information found in this blog is for educational purposes only. Do not take it as trade recommendations. I am not responsible if you fuck things up.

  • http://www.rivac7powerfx.blogspot.com riv

    I thought you have been hacked? Good to know that you recovered…

  • ForexPhil

    hi Riv,

    Yes. I was. Nothing serious. Kids these days. :)

  • http://www.rivac7powerfx.blogspot.com riv

    hehe.. you made me laugh there…

  • http://babypips.com Forex Gump

    Hello! Nice blog! Have you checked out babypips.com? I also think our members on meetpips.com would enjoy your chart analysis. :)

  • ForexPhil

    Hi. Thanks. I’m a member of both sites. :)

  • xtian

    ano platform n ginagamit mo for forex trading?

  • eric

    fellow pinoy trader here…

    was wondering if there are any groups or organizations of forex traders here in manila?

    it would be nice to have a support group during those bad, and also good times, right?

  • ForexPhil

    @xian
    metatrader

    @eric
    …and group hugs?
    There are traders here in manila.

  • moldsz

    hi guys,

    i’ve been organizing brainstorming groups who has the same goal as yours. I have attended several mentoring programs and has dedicated one year learning forex thru reading books/blogs/forums, got zeroed many times on my accounts due to greed and over trading. I would love to hear your strategies to tame the forex market…

  • lyle peterson

    Who are the top forex trading companies in Manila? and do you subscribe to any newswire platform to trade via metatrader?

  • ForexPhil

    @lyle,

    None. There are no forex trading companies in the Philippines. I don’t subscribe to any news. I trade by the charts only.

  • Wendy

    Hello ForexPhil, is there anyway I can learn forex in the Phils.???  I’m completely clueless in forex… I’ve been reading some articles from the internet (Babypips) but I still can’t grasp the whole idea. I don’t want to buy some ebooks, indicators or robots from the net coz i feel that they’re all bunch of scams. I’ve been trying to trade thru the demo account but i always end up losing  the account. Is there anyway I can improve my trading??? Can you give me idea what to do??? Plz share share something….     Thanks. 

  • ForexPhil

    Hi Wendy,

    I wish I can help you and I know how you feel. I’ve been there. But there’s no other way to learn forex but to practice demo trading and reading books. Other than books, read newspapers focusing on world news and you can see the corelation of currency with the news.

    If you want to trade using technical analysis, get yourself a copy of Steve Nison’s book about Japanese Candlesticks. Then a copy of Market Wizards. There will be a whole lot of reading. :)

    About the seminars, unfortunately, there are no forex seminars that I know of in the Philippines. All Filipino traders that I know are either self taught or was employed as a securities trader for brokerage firms.

    But there are seminars for stocks if you are interested to start in those, just head over to http://www.pse.com.ph.

    Good luck and don’t hesitate to ask questions.

  • kenneth

    There are forex brokers in the Philippines. Zone Equity, for one is operating since 1993. If you’re keen in learning forex, we can schedule a comprehensive training for you.

  • kenneth

    Sorry sir for intruding. We have forex brokers here. Zone Equity is physically located in Makati and it has been operating since 1993. 
    http://zoneequityltd.com/

  • Richard

    Hello ForexPhil, may i know which fx broker you can recommend here in the Phil.? Your advice would be really appreciated, thanks.

  • humanandprice.blogspot.com

    hi, hows your trades going now? have you already come up with your strategy?

  • http://www.humanandprice.blogspot.com/ riv

    hi have you tried fxstreet.com?

  • Reynan

    Admiral markets… they have office in ayala.. if you want to know more, i can help you.. 09178091303.